2019 Apr 18, 4:45am
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Credit cards are irresponsible simple. If one needs credit to buy loaf of bread, they are not managing their finances well.
CC points are also relative to how they're redeemed depending on the program. I've calculated about 8-10% back depending on the points used for the flight overall.
FortWayneIndiana saysCredit cards are irresponsible simple. If one needs credit to buy loaf of bread, they are not managing their finances well.Explain? What's the difference if you pay the balance? I don't get your comment at all. It doesn't make sense at all. If getting $4k worth of value back in a year is irresponsible you may want to rethink how you make money. Doing pretty good $/hr using a credit card, but hey... whatever? Maybe I was stupid for starting a thread thinking there would have been educated, reasonable and coherent responses. A guy could only hope. Have a good Friday, lol.
Because you pay interest on things you buy with a credit card.
Because you pay interest on things you buy with a credit card. Because credit cards make people spend more than they would normally if they were relying on cash.
What about the pre-puberty lambs?What should they use?
Patrick - one thing I don't like with the YOU thing is the HTML when quoting. Sometimes I like to reread something while typing a comment and there's a shitload of HTML tags in some of the quoted stuff due to YOU being in the comment along with making it red. You can keep it or dump it, doesn't really bother me either way technically. More of an observation (aka it annoys me slightly).
Your own graph states a majority of transactions are done via credit, debit, even check (physical paper itself, but electronic technically). At what point are these transactions with physical cash? 70% or more transactions are cash free in your graph.
Cash remains the most used payment instrument
You generally HAVE to have some form of payment with you though when you leave the house. Whatever method of payment that is, I don't actually care,
Patrick - one thing I don't like with the YOU thing is the HTML when quoting.
WookieMan saysPatrick - one thing I don't like with the YOU thing is the HTML when quoting. Sometimes I like to reread something while typing a comment and there's a shitload of HTML tags in some of the quoted stuff due to YOU being in the comment along with making it red. You can keep it or dump it, doesn't really bother me either way technically. More of an observation (aka it annoys me slightly).Yes, maybe it's time to remove that.
I find there are more situations (for me) when credit card is REQUIRED than there are when cash is required.For example, you MUST use credit card or ATM card:• some street parking meters (or do you really carry $12 of quarters with you at all times)• rent a car• deposit for hotel• many things you buy on line (or you use PayPal, which is also hooked to a credit card or bank account — but definitely tracked either way)
It drives me nuts that people swipe their cards for items that cost a few dollars, and it ties up the lines waiting for the transaction to finish:
It drives me nuts that people swipe their cards for items that cost a few dollars, and it ties up the lines waiting for the transaction to finish
Credit cards are sooooo 20th century! Out here I use ApplePay™ for most things. It's very fast. In fact, at the supermarket I can use it before the cashier has even finished scanning the groceries. Literally 0 additional time.
First we get fooled into thinking paper is money, then they take the paper away and fool us into thinking numbers are money, then they tie the numbers into a social credit system like in China...
Once you give an entity all the power to make your life easier, you’ve also given them the power to take everything from you.
The biggest concern I have about your thinking is your clearly favor a cashless society.
I was making this point earlier in the thread as a reason to use cash, but I got told I was a tinfoil hat nutjob...
Not trying to be a dick, but outside of your local purchase reasons, non of them hold water.
Not my agenda at all.
I mean, for fucks sake, everyone here does realize that each $ has a marking (essentially an account #) on it, right? You don't think the ATM or bank you withdraw that from is tracking each bill by the account number or card that pulled the money out? Sure, they can't track it as well as a CC, but you're naive to think your cash is not being tracked, sorry.
Also, make sure you keep your privacy. That camera looking at you as you make a transaction means nothing I guess. The funny part is people think it's just facial recognition they should be worried about. A lot more things on your person can be recognized and then tracked back to you. Oh well, I assume bitcoin is doing well for everyone since privacy is such a concern.
I'm pretty big on privacy
You're quite the optimist when it comes to banking service always being available
I've never been robbed in my life, but I have had someone make a fraudulent transaction when I used a compromised site unknowingly.
Because that's exactly what happens every time you use your card. Saved, indexed, and easily searchable.I do get a receipt from a store, but when I pay cash, I don't also volunteer my name, address, and phone number.
I'm pretty big on privacyWhy?
$100 falls out and you don't notice. Bye, bye $$$.
So I assume you don't have a state issued ID?
Ultimately I don't understand the concern making day to day transactions that don't involve say heroin or crack.
the camera you talk about can easily link you to a purchase really quick, cash or otherwise.
Because my life is my business and no one else's. Do you really not care?
I've never lost a bill, but I have had trouble making a payment before.
The context is information you volunteer via your chosen payment method.
"If you have nothing to hide you have nothing to fear."-Joseph Goebbels
The ATM camera?
Ok. So what happens when you lose your job, and can't make next months payment. Bye bye money right(interest).
but to say you know for certain you've never lost cash, on accident out of your wallet it absolutely disingenuous.
Of course I care. At the end of the day though they (businesses and government) have all the data on you they want/need.
No bank account (credit union or otherwise - info isn't safe with either considering what's needed to open an account)?
Where do you store your cash (this generally is your payment method or extraction method to get cash)?
you or I have ZERO control over once it has left our pens or keystrokes
Not getting the use of this quote here. Just being honest.
They literally have your account information?
There's zero chance your medical records haven't been stolen at some point (if you go to the doc).
The way I use a card IS EXACTLY THE SAME AS USING CASH!
a credit card is a promise to pay, not a payment.
So most men have wallets. And most still carry cash.
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